Taiwanese bike makers rolling out higher-end models

Citing statistics, the MOEA said that the average price of bicycles made by Taiwanese firms rose to US$442 over the period, up 7.4 percent from the same period of last year.

High-end bicycles have become the mainstream products in the global market as more and more consumers worldwide perceive bikes not just as vehicles but as instruments for leisure activities and exercise. Many are also turning to bicycles to cut carbon emissions out of concern for the environment.